1403/01/09
محمد نظری پور

محمد نظری پور

مرتبه علمی: استادیار
ارکید:
تحصیلات: دکترای تخصصی
اسکاپوس: 56968230100
دانشکده:
نشانی:
تلفن: 08716624005

مشخصات پژوهش

عنوان
ACCOUNTING RESTATEMENT AND INFORMATION RISK: EVIDENCE FROM IRAN
نوع پژوهش
JournalPaper
کلیدواژه‌ها
Restatement, Information risk, Cost of capital
سال
2013
مجله RADIX INTERNATIONAL JOURNAL OF BANKING, FINANCE AND ACCOUNTING
شناسه DOI
پژوهشگران arazoo alikhani ، Mohammad Omid Akhgar ، Mohammad NazariPour

چکیده

Restatement of previous period’s financial statements that corrects the reported earnings in the previous period, made financial reporting efficiency unexpected in the future. In fact, the restated financial statements are not reliable and are in low quality. Thus, restatements decrease the level of investors' confidence about the validity and competence of management and reduce the quality of reported earnings. In this study, the information risk of restatement of financial statements has been examined. In period of 2002-2010, we use 115 companies that are listed in Tehran Stock Exchange. The results shows that restatement of the financial statements increase the level of innate and discretionary risk and we also find an increase, of smaller magnitude, in the pricing of discretionary information risk for non-restatement firms in the same industries as the restatement firms, consistent with an information transfer effect.